How to Manage the Post Pandemic Opening? A Pontryagin Maximum Principle Approach

R. Mansilla

Applied Economics and Finance, 2020, vol. 7, issue 4, 121-125

Abstract: The COVID-19 pandemic has wholly disrupted the operation of our societies. Its elusive transmission process, characterized by an unusually long incubation period and a high contagion capacity, has forced many countries to take quarantine and social isolation measures that conspire against national economies' performance. This situation confronts decision-makers in different countries with the alternative of reopening the economies, thus facing the unpredictable cost of a rebound of the infection. This work tries to offer an initial theoretical framework to handle this alternative.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:rfa:aefjnl:v:7:y:2020:i:4:p:121-125

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